Maritime Resources (OTCMKTS:MRTMF) Shares Up 8.3% – Here’s Why

Shares of Maritime Resources Corp. (OTCMKTS:MRTMFGet Free Report) rose 8.3% during mid-day trading on Thursday . The stock traded as high as $1.62 and last traded at $1.57. Approximately 5,800 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 14,555 shares. The stock had previously closed at $1.45.

Maritime Resources Stock Performance

The firm has a 50 day moving average of $1.58 and a two-hundred day moving average of $1.18.

Maritime Resources Company Profile

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Maritime Resources Corp. is a mineral exploration and development company focused on the discovery and advancement of gold deposits. The company’s principal activities include the acquisition, exploration, and development of precious metals properties, with an emphasis on deploying modern geophysical, geochemical and drilling techniques to expand known resources and identify new targets.

Maritime Resources holds a portfolio of projects on Newfoundland’s prolific Baie Verte Peninsula, a district known for past-producing gold mines and ongoing exploration success.

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